Southern Cross Acquisition II Corp.

08/27/2026 | Press release | Distributed by Public on 08/27/2026 14:21

SOUTHERN CROSS ACQUISITION II CORP. ANNOUNCES PRICING OF $75 MILLION INITIAL PUBLIC OFFERING (Form 8-K)

SOUTHERN CROSS ACQUISITION II CORP. ANNOUNCES PRICING OF $75 MILLION INITIAL PUBLIC OFFERING

NEW YORK CITY, NY / ACCESS Newswire / August 25, 2026 / - Southern Cross Acquisition II Corp. (NASDAQ: SCATU) ("SCAT") announced the pricing of its initial public offering (the "IPO") of 7,500,000 units at $10.00 per unit. The units are expected to trade on the Nasdaq Capital Market ("Nasdaq") under "SCATU" beginning August 26, 2026. Each unit consists of one ordinary share, one redeemable warrant, and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Each whole redeemable warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, the ordinary shares, warrants and rights are expected to be listed on Nasdaq under "SCAT," "SCATW," and "SCATR," respectively.

D. Boral Capital LLC is acting as sole book-running manager of the offering. The underwriters have a 45-day option to purchase up to 1,125,000 additional units to cover any over-allotments.

The offering is expected to close on August 27, 2026, subject to customary closing conditions.

A registration statement on Form S-1 (File No. 333-297331) for these securities has been filed with the U.S. Securities and Exchange Commission (the "SEC") and was declared effective by the SEC on August 25, 2026. The offering is made only by means of a prospectus. Copies of the prospectus may be obtained from D. Boral Capital LLC, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 970-5150 or by email at [email protected]. Copies of the registration statement can also be obtained by visiting EDGAR on the SEC's website at www.sec.gov.

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